Sloan Jr., Alfred P.

Sloan Jr., Alfred P. definition - finance
The creator of the organization chart and the hierarchical management structure that groups similar jobs and puts an executive in charge of each group while working at General Motors. In 1923, he became president of GM, taking over from its founder, William Durant.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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